Senator calls on federal regulators to lower electric costs


HARTFORD, Conn. (WTNH) — U.S. Senator Richard Blumenthal is asking federal regulators to stop energy price increases.

He is also asking for participation from Eversource, which is the biggest electric provider in the state.

Blumenthal specifically wants rising transmissions costs to be lowered.

Blumenthal says average transmission costs have increased by nearly 600% since 2000.

This is making up about 16% of a typical energy bill if your provider is Eversource.

The senator claims people in Connecticut have shelled out billions of dollars on these charges over the past decade.

“Federal regulators must act now to stop the runaway cost overruns,” Blumenthal said, “exorbitant profits and perverse incentives that have encouraged over-construction of over-priced infrastructure that consumers cannot afford and do not need.”

The senator will be speaking 11 a.m. on Friday at the Hartford Legislative Office Building.

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